Alternative Sources of Funding University Education in Nigeria

Abstract

The aim of the study was to determine how parents, lecturers and university students view some alternative sources of funding university education in Nigeria. Two research questions were raised and stratified random sampling technique was used in selecting 677 parents, 679 students and 309 lecturers for the study. Researcher made
questionnaire was used for data collection, which were analysed using percentage and analysis of variance. The results showed that they accepted scholarship, scientific break-through, staff exchange programme, checking fraudulent practices, and loans but rejected
commercializing accommodation, payment of tuition fees, graduate tax, tax-relief and commercializing activities on campuses as alternative sources of funding university education. It was recommended that the general economy of the society need to be
improved if the society may be at ease to assist in funding university education.

African Research Review Vol. 2 (3) 2008: pp. 187-194